# PPP loan: RICE SERVICES, INC.
> **$1.42M** approved 04/08/2020 · Paid in Full · Loan `8024827005`
## Borrower
- **Name:** RICE SERVICES, INC.
- **Address:** 9225 STELLAR CT Ste. A, CORONA, CA, 92883-4918
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.42M
- **Initial approval:** $1.42M
- **Forgiven:** $1.43M (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Utilities:** $20K
- **Health care:** $40K
- **Debt interest:** $150K
- **Jobs reported:** 79
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*